Monday, February 26, 2024
Home > Triples

Cash App’s quarterly Bitcoin revenue triples despite BTC impairment loss for Square

Jack Dorsey’s Square has reported a 200% increase in Bitcoin revenue for the second quarter year-on-year (YoY).The company announced the impressive earnings figures in its second-quarter shareholder letter on August 1. In the report, Square revealed its total gross profit grew 91% YoY to $1.14 billion.Bitcoin services drove $2.72 billion

Read More